Mashonaland Holdings (XZIM:MASH.ZW) Interest Coverage : 9.02 (As of Dec. 2023)

Mashonaland Holdings Interest Coverage Chart

Mashonaland Holdings Semi-Annual Data
	Mar11	Mar12	Sep12	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial								No Debt	9.28	4.15	4.03	9.02

Competitive Comparison of Mashonaland Holdings's Interest Coverage

For the Real Estate - Development subindustry, Mashonaland Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Mashonaland Holdings's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mashonaland Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mashonaland Holdings's Interest Coverage falls into.

Mashonaland Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Mashonaland Holdings's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Mashonaland Holdings's Interest Expense was ZWL-1,471 Mil. Its Operating Income was ZWL10,697 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWL3,718 Mil.

Mashonaland Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Mashonaland Holdings's Interest Expense was ZWL-956 Mil. Its Operating Income was ZWL8,623 Mil. And its Long-Term Debt & Capital Lease Obligation was ZWL3,718 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Mashonaland Holdings  (XZIM:MASH.ZW) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

Mashonaland Holdings Interest Coverage Related Terms

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Mashonaland Holdings (XZIM:MASH.ZW) Business Description